North Carolina General Statutes 160A-582. Fiscal accountability
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The authority shall be fiscally accountable to the municipality, and the municipality’s governing body shall have authority to examine all records and accounts of the authority at any time. (1977, c. 465; 1979, 2nd Sess., c. 1247, s. 45.)
Terms Used In North Carolina General Statutes 160A-582
- Authority: means a body corporate and politic organized in accordance with the provisions of this Article for the purposes, with the powers and subject to the restrictions hereinafter set forth. See North Carolina General Statutes 160A-576
- Governing body: means the board, commission, council or other body, by whatever name it may be known, in which the general legislative powers of the municipality are vested. See North Carolina General Statutes 160A-576
- Municipality: means any county, city, or town of this State, and any other political subdivision, public corporation, authority, or district in this State, which is or may be authorized by law to acquire, establish, construct, enlarge, improve, maintain, own, and operate public transportation systems. See North Carolina General Statutes 160A-576